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OPL 246 Awarded to SAPETRO

22nd February, 1998

hexgear

The Ministry of Petroleum Resources (MPR) awarded the Oil Prospecting License (OPL) 246 to South Atlantic (SAPETRO) on February 22, 1998 for 20 years. The block covers a total area of 2,590km (1,000 sq. miles) and lies 120-160km due South of Port Harcourt, in water depths of about 1,100m 1,800m.

SAPETRO has Miguel Guerrero, Joy Ikiebe and Guerrrero as directors with T.Y. Danjuma as chairman.

Asset: OML 130 Source: http://www.sapetro.com/our-ope...

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